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Zyborg
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June 03, 2014, 04:38:22 PM |
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The price seems manipulated by a big whale, in these days it went up under the pressure of a single buy wall.
When the wall disappeared the value was steady/dropping a bit, like in this precise moment.
in what exchange big whale plays? i hope we got some newcomers and investors who have interest in bitcoin Dish Network news is sweet effect to incereased BTC prices  Hopefully they'll pull even more companies along with them, who want to be on the front line of accepting BTC. |
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cinder
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June 03, 2014, 06:38:32 PM |
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MIT lecture couple with dish network announcement probably contribute to the recent run up.
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bitcoinforhelp
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June 04, 2014, 03:03:21 AM |
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i think 800$ is possible, thats max now, then going down to around 500-550$
but still... im holding, cold storage ftw, im safe to temptations
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Glizlack
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June 04, 2014, 03:57:47 AM |
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my explanation for the raise is the whales have bought enough cheap btc the last few months. So now they pump it up to sell higher. This happens over and over every year you can see the rise and falls. Note I don't mind the up's and down's it also gives me a chance to make extra cash.
Steve
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Zyborg
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June 04, 2014, 06:44:57 AM |
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i think 800$ is possible, thats max now, then going down to around 500-550$
but still... im holding, cold storage ftw, im safe to temptations
Hodlers will probably win the highest in the end. It's risky business though, and not everyone has the nerve to do so.  |
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BitCoinDream
Legendary
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Activity: 2324
Merit: 1204
The revolution will be digital
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June 04, 2014, 09:41:59 AM |
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Today we experience a nose dip from around 670 USD to 630 USD ....not sure who dumped ?
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ReserviorHunt
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Activity: 112
Merit: 10
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June 04, 2014, 05:03:09 PM |
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I think many are aware there are big players manipulating the prices. Each time, they have enough capital to will the market one way or another.
They can't have it rising up forever and ever. Dips will shake out weaker hands, and allow consolidation while allowing more and more control to the few rich.
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CEG5952
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June 04, 2014, 05:05:22 PM |
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I think we either got capped at this 680 resistance and that will end the rally, or we will chop down to 550 or 590 level for another leg up to 720-760. That's my noob prediction.  |
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amitrwt
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June 04, 2014, 06:04:13 PM |
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Today we experience a nose dip from around 670 USD to 630 USD ....not sure who dumped ?
We are facing similar resistance from last 3-4days..! same thing happened yesterday went upto 680$ fell down to 630$ and day before yesterday went upto 680 fell down and a day before that..! just hope its not falling below 600$ |
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BitCoinDream
Legendary
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Activity: 2324
Merit: 1204
The revolution will be digital
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June 04, 2014, 06:07:26 PM |
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Today we experience a nose dip from around 670 USD to 630 USD ....not sure who dumped ?
We are facing similar resistance from last 3-4days..! same thing happened yesterday went upto 680$ fell down to 630$ and day before yesterday went upto 680 fell down and a day before that..! just hope its not falling below 600$ Well, if it is happening regularly, then nothing much to worry about. This is simple correction taking place. Someone is booking his profit. |
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Zyborg
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June 04, 2014, 07:11:51 PM |
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I wonder what is the reason for the last jump? was it the DISH TV network news? I think bitcoin is already more than $600 on most exchangers.
The DISH network was the major news yes. |
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BigMac
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Merit: 1000
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June 05, 2014, 02:13:06 AM |
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I wonder what is the reason for the last jump? was it the DISH TV network news? I think bitcoin is already more than $600 on most exchangers.
The DISH network was the major news yes. I don't see any important bitcoin news other than the Dish news in May 28 - 31, so I guess the jump from ~570 to ~620 is likely related to it. |
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Leina
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June 05, 2014, 04:12:59 AM |
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Buy at every dip. Sell at every bump.
Remember to set stop loss.
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DolanDuck
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June 05, 2014, 12:31:04 PM |
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The last rally could have been caused by the news of the adoption of bitcoin in future Apple apps,
and I think that the uptrend isn't finished yet, we have just started to climb the mountain.
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newIndia
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June 09, 2014, 08:00:24 PM |
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The recent down below 650 USD is because of the panic of 51% due to Ghash.io power. It has come down to 28% in last 24 hour.
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BitCoinDream
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The revolution will be digital
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June 11, 2014, 04:30:01 PM |
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The recent down below 650 USD is because of the panic of 51% due to Ghash.io power. It has come down to 28% in last 24 hour.
As I can see it is varying between 40% to 47% today. Price is also dancing around 650 USD. |
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dadugan
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June 11, 2014, 04:38:28 PM |
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Bull market trend has not broken since 2009.
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BitCoinDream
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Activity: 2324
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The revolution will be digital
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June 11, 2014, 05:28:49 PM |
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Bull market trend has not broken since 2009.
Price jumped from 1100+ USD to 350+ USD. Dont u consider that beer market ? |
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CEG5952
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June 11, 2014, 05:32:01 PM |
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Bull market trend has not broken since 2009.
Price jumped from 1100+ USD to 350+ USD. Dont u consider that beer market ? Long term bull market. Mid term bear market. The question now is -- are we entering a new mid term bull market? Or will the bear market continue? |
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boumalo
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Merit: 1018
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June 11, 2014, 06:22:39 PM |
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Bull market trend has not broken since 2009.
Price jumped from 1100+ USD to 350+ USD. Dont u consider that beer market ? I guess you can find a technical trend on a logarithmic trend that we didn't break if that is what he means We recovered from 350USD to 637USD on Bitstamp now; will we go lower once again or even a few more times before we go up to new highs or will we reach 1000$ and more soon? |
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